Finance

Mortgages, Equipment Finance, Personal Loans ...

Unlike most generic CRM programs, LinxCRM was designed from the
ground up specifically for finance professionals. Whether you handle residential mortgages,
commercial finance, equipment finance for cars, boats, industry
or agribusiness, or even personal loans, you will find LinxCRM a
perfect fit for your needs. While most users of LinxCRM are finance
brokers (including members of franchise groups such as Aussie or
RAMS) some aggregators and mortgage managers also find it ideal for their needs.

Record as much detail as you need

You can record as much (or as little) information about each loan
as you like.

For fast entry, just the lender, loan amount and loan number are
needed but you have the option to record much more, including review
dates, interest rates, and security details.

For vehicle or equipment finance you can records things like make
and model, VIN numbers and vendor details. You can also record
residual ("balloon") payment amounts and due dates so that you can
be on-the-ball well in advance to ensure early review of the
client's needs.

The information entered becomes a permanent part of your records
and can be used for reviews, business analysis or selective
marketing campaigns. (See here for more on
marketing).

Monitor opportunities and pre-approvals

By recording every prospective sale you can build up a list of
opportunities and rate them as to how likely they will result in a
settlement. This way you can predict expected settlements in future months
as part of your business management.

But, more importantly, because LinxCRM captured those enquiries,
running the Opportunity Report will help your consultants stay
focused on their follow-ups.

In the same way, pre-approvals can also be recorded and reported on so
that all that effort is not wasted. You'll be able to keep in touch
with the pre-approved borrower while they are actively searching for a
property.

Easy documentation and compliance

LinxCRM makes it easy to generate
automated compliance documents from your own Word templates or
those supplied by others, such as the MFAA or NZMBA, along with loan
approval letters.

You can even quickly populate fax cover sheets or loan background
reports to send to lenders.

When it's time to contact the borrower for a loan review or
other reminder it takes only the click of a button to create a
personally-addressed and professional-looking letter.
Sample templates are even provided to get you started.

And if you need to mail to more than one borrower at a time just use the
inbuilt Group Merge feature.

Track and review every deal

As everyone in lending knows, there's a lot that can go wrong between a loan's submission and
it's settlement. But, with LinxCRM, you'll be able to relax as you can see at a glance everything that needs doing to get those
deals across the line, BEFORE it needs to happen! (See
here for more on the Loan
Tracker).

And once the loan has settled you'll want to set review dates for
follow-up. Whether this is a review prior to a fixed-rate interest
rate expiring or just an annual review to keep in touch with clients
you'll find LinxCRM will make it easy to never forget.

Measure your worth

Much of the value of your business is represented by your Loan
Book - that is, the number and value of active loans you have in the system and how much
trailing commission you have coming in each month.

LinxCRM puts all this information at your fingertips (appropriately
password-protected) in the Loan
Book report.

This is just one of many valuable business reports. See
here for
more on business reporting and here for more about commissions.